CRRC (HK:1766) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
CRRC Corporation Limited is making strategic moves by acquiring custom property, commercial properties, and parking spaces from CRRC Qingdao Technology Park, aiming to bolster its R&D capabilities through these purchases. The transactions, totaling over RMB868 million, are considered connected transactions under Hong Kong Listing Rules but are exempt from independent shareholders’ approval. This expansion highlights CRRC’s commitment to advancing its technological infrastructure.
For further insights into HK:1766 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Load Up on This Dip,’ Says Investor About AMD Stock
- ‘Time to Lock in Gains,’ Says Top Investor About Super Micro Computer Stock
- ‘Time to Turn Bullish,’ Says Investor About SoundHound AI Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
